827 North State Street

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827 North State Street

Jackson, MS 39202
Asking Price
$3.25M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Fully Occupied Multi-Family Investment <ul><li>​Centralized Location between Belhaven and Downtown Corridor </li><li>​Close Proximity The University of Mississippi Medical Center</li><li>​Near Densely Concentrated walkable retail & educational facilities</li><li>​ Frontage on North State Street in a highly desirable area.</li></ul>

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NOI
$80,000
Cap Rate
2.46%
DSCR
0.41
Underwater
Cash-on-Cash
-11.58%
Monthly Payment
$16,079.227
Annual Cash Flow
$-112,950.721

Location & Travel Times